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USDT on TON Hits $1.4 Billion in 10 Months, Fastest Stablecoin Growth Ever

This article was published more than a year ago. Some information may no longer be current.

Tether’s USDT has achieved the fastest deployment of a stablecoin on any blockchain, reaching $1.4 billion issued on TON in just ten months. This is according to data by Artemis and Ournetwork. As the largest stablecoin with a $293 billion market cap, USDT is the third most valuable digital asset after bitcoin and ether, and is held by nearly four times more wallets than all other stablecoins combined.

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USDT on TON Hits $1.4 Billion in 10 Months, Fastest Stablecoin Growth Ever

USDT on TON Hits $1.4 Billion in 10 Months, Fastest Stablecoin Growth Ever

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WRITTEN BYBitcoin.com News DeskEditorial Desk Reporter

The Bitcoin.com News Desk publishes timely reporting on market developments, protocol updates, regulatory changes, and industry announcements across the cryptocurrency sector.